AI analytics firm Pyramid Analytics secures $50 mln from BlackRock

Portfolio CompaniesLIP Fund II
Written By Federico de Mateo

Pyramid Analytics, an AI business analytics company, said on Monday it has raised $50 million in new financing from BlackRock, the world's biggest asset manager.

Pyramid's platform uses a combination of machine learning and AI to simplify processes and data analysis for its clients, which include the U.S. Food and Drug Administration (FDA) as well as Hallmark, Deloitte and Volkswagen.

Federico de Mateo
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